Rimini Street Stock (NASDAQ:RMNI), Trade Ideas

Rimini Street

Rimini Street Inc is a provider of enterprise software support products and services and a third-party support provider for Oracle and SAP software products based in the United States. The company offers solutions to run, manage, support, customize, configure, connect, protect, monitor, and optimize clients' enterprise applications, databases, and technology software platforms. Some of its products include Oracle E-business suite, Oracle Database, Peoplesoft, SAP business suite, and others. The company derives maximum revenue from United states.

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U.S. Baker Hughes Oil Rig Count -5; U.S. Baker Hughes Gas Rig Count -1; U.S. Baker Hughes Total Rig Count 613 Vs 619 Prior

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Trump Media & Technology Group shares are trading higher as the stock continues to experience volatility.

Wedbush analyst Nick Setyan maintains Wendy's (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/WEN#NASDAQ">WEN</a>) with a Neutral and raises the price target from $19 to $20.

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Wedbush Maintains Neutral on Wendy's, Raises Price Target to $20

Super Micro Computer, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SMCI#NASDAQ">SMCI</a>) shares are trading higher Friday as AI and chip stocks gain following <a href="https://www.benzinga.com/news/earnings/24/04/38444199/microsoft-q3-earnings-revenue-beat-eps-beat-new-era-of-ai-transformation-and-more">Microsoft Corporation's (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MSFT#NASDAQ">MSFT</a>) earnings.</a>
The Details:
Microsoft delivered better-than-expected earnings after the bell Thursday. Microsoft CEO Satya Nadella highlighted <a href="https://www.benzinga.com/analyst-ratings/analyst-color/24/04/38465071/microsoft-q3-shines-light-on-ai-innovation-cycle-analysts-see-plenty-of-runway-for-">strong demand </a>for the company's offerings, particularly in the field of artificial intelligence (AI).
SMCI shares also rose Thursday after Meta Platforms, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/META#NASDAQ">META</a>) reported its <a href="https://www.benzinga.com/news/earnings/24/04/38430266/meta-platforms-stock-is-tumbling-thursday-whats-going-on">first-quarter</a> results and increased its capital expenditures outlook amid the company's AI efforts.
SMCI is set to report its third-quarter financial results after the bell on April 30 and will host a conference call to discuss the results at 5:00 p.m. ET the same day. According to estimates from <a href="https://pro.benzinga.com/?gspk=YWRhbWVja2VydDUzMzY&amp;gsxid=zBMR4PKmcgBw">Benzinga Pro</a>, analysts expect the company to report earnings of $5.84 per share and quarterly revenue of $3.99 billion.&nbsp;
The company has beat analysts expectations for the last three reported quarters.&nbsp;
Related News: <a href="https://www.benzinga.com/news/earnings/24/04/38445632/snap-shares-soar-on-better-than-expected-q1-results-daily-active-user-growth-q2-revenue-guidance">Snap Shares Soar On Better-Than-Expected Q1 Results, Daily Active User Growth, Q2 Revenue Guidance</a>
<h2 class="wp-block-heading">SMCI Stock Prediction 2024: </h2>
Equity research can be a valuable source of information for learning about a company's fundamentals. Analysts create financial models based on the fundamentals and expected future earnings of a company to arrive at a price target and recommendation for the stock.
Shares of Super Micro Computer have an average 1-year price target of $961.13, representing an expected upside of 14.51%.
Because of differences in assumptions, analysts can arrive at very different price targets and recommendations. 1 analyst has a bearish recommendation on Super Micro Computer, while 10 analysts have bullish ratings. The street high price target from Loop Capital is $1500, while the street low from Susquehanna is $250.
SMCI Price Action: According to <a href="https://pro.benzinga.com/?gspk=YWRhbWVja2VydDUzMzY&amp;gsxid=zBMR4PKmcgBw">Benzinga Pro</a>, Super Micro Computer shares are up 7.46% at $846.17 at the time of publication Friday.
Image: Courtesy of Super Micro Computer, Inc.

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What's Going On With Super Micro Computer Stock?

Wedbush analyst Nick Setyan maintains Starbucks (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SBUX#NASDAQ">SBUX</a>) with a Neutral and lowers the price target from $95 to $92.

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Wedbush Maintains Neutral on Starbucks, Lowers Price Target to $92

Evercore ISI Group analyst Vijay Kumar maintains Edwards Lifesciences (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/EW#NYSE">EW</a>) with a In-Line and lowers the price target from $92 to $89.

Evercore ISI Group Maintains In-Line on Edwards Lifesciences, Lowers Price Target to $89

California's solar energy efforts have been so successful that renewable energy has powered 100% of the state's main grid for at least 15 minutes on most days over the past month.
But now, the state and its grid operator are facing an unusual situation. With an abundance of solar energy integrated into the grid, during bright spring days with reduced demand, electricity prices plummet into negative territory. The surplus of solar power results in gigawatts being "curtailed" or effectively wasted, according to a report in The Washington Post.
California's response to balancing renewable energy goals with rooftop solar economics has been to reduce incentives and slow installations. This approach, while addressing short-term grid issues, might hinder long-term solar development in the state. As other states ramp up solar capacity, they could encounter similar challenges in the future.
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States that are starting to experience the same issues include Nevada, which generates 23% of its power from solar, and Hawaii, which has thousands of homes with rooftop solar.
In April 2024, the Biden administration launched a program to create or expand solar programs in low-income and disadvantaged communities.
"Today, my administration is investing $7 billion in a new program called Solar for All that will enable over 900,000 low-income households to have solar on their rooftops for the first time," Biden posted on X on April 22. "Solar for All will give folks more breathing room — and cleaner breathing room at that."
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California is one of the states in line to receive a $250 million grant from the Solar for All program to expand residential solar in low-income and disadvantaged communities.
Not everyone shares Biden's enthusiasm for the program. Jessica "Elle" Smith criticized the use of public money for the program, writing, "Translation: ‘I'm blowing $7 billion of your money equipping 900,000 of the most likely to default single-family homes with solar, so when BlackRock sweeps them up in foreclosure, they won't have to do it themselves."
John Podesta, senior adviser to the president for international climate policy, said the program will ensure low-income communities and not just well-off communities will benefit from cost savings that the Solar for All program provides.
"Solar is the cheapest form of electricity — and one of the best ways to lower energy costs for American families," Podesta said at the time the program was announced.
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Shining Too Bright: California's Solar Success Sparks Price Plunge

Wedbush analyst Nick Setyan maintains McDonald's (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/MCD#NYSE">MCD</a>) with a Outperform and lowers the price target from $330 to $300.

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Morgan Stanley analyst Toni Kaplan maintains TransUnion (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/TRU#NYSE">TRU</a>) with a Overweight and raises the price target from $87 to $90.

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Wedbush analyst Nick Setyan maintains Brinker International (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/EAT#NYSE">EAT</a>) with a Neutral and raises the price target from $45 to $47.

Wedbush Maintains Neutral on Brinker International, Raises Price Target to $47

Waste Management (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/WM#NYSE">WM</a>) has been analyzed by 15 analysts in the last three months, revealing a diverse range of perspectives from bullish to bearish.
The table below summarizes their recent ratings, showcasing the evolving sentiments within the past 30 days and comparing them to the preceding months.
<table>
<thead>
<tr>
<th></th>
<th style="text-align: right;">Bullish</th>
<th style="text-align: right;">Somewhat Bullish</th>
<th style="text-align: right;">Indifferent</th>
<th style="text-align: right;">Somewhat Bearish</th>
<th style="text-align: right;">Bearish</th>
</tr>
</thead>
<tbody>
<tr>
<td>Total Ratings</td>
<td style="text-align: right;">6</td>
<td style="text-align: right;">2</td>
<td style="text-align: right;">7</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td>Last 30D</td>
<td style="text-align: right;">2</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">2</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td>1M Ago</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">1</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td>2M Ago</td>
<td style="text-align: right;">1</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td>3M Ago</td>
<td style="text-align: right;">3</td>
<td style="text-align: right;">2</td>
<td style="text-align: right;">4</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
</tbody>
</table>
Analysts have set 12-month price targets for Waste Management, revealing an average target of $213.4, a high estimate of $256.00, and a low estimate of $178.00. Surpassing the previous average price target of $196.20, the current average has increased by 8.77%.
<img src="https://www.benzinga.com/files/images/story/2024/1714150869_0.png" alt="price target chart" />
<h2>Investigating Analyst Ratings: An Elaborate Study</h2>
A comprehensive examination of how financial experts perceive Waste Management is derived from recent analyst actions. The following is a detailed summary of key analysts, their recent evaluations, and adjustments to ratings and price targets.
<table>
<thead>
<tr>
<th>Analyst</th>
<th>Analyst Firm</th>
<th>Action Taken</th>
<th>Rating</th>
<th>Current Price Target</th>
<th>Prior Price Target</th>
</tr>
</thead>
<tbody>
<tr>
<td>Jeffrey Goldstein</td>
<td>Morgan Stanley</td>
<td>Raises</td>
<td>Equal-Weight</td>
<td>$214.00</td>
<td>$202.00</td>
</tr>
<tr>
<td>Tobey Sommer</td>
<td>Truist Securities</td>
<td>Raises</td>
<td>Buy</td>
<td>$240.00</td>
<td>$220.00</td>
</tr>
<tr>
<td>Michael Hoffman</td>
<td>Stifel</td>
<td>Raises</td>
<td>Buy</td>
<td>$227.00</td>
<td>$215.00</td>
</tr>
<tr>
<td>Walter Spracklin</td>
<td>RBC Capital</td>
<td>Raises</td>
<td>Sector Perform</td>
<td>$215.00</td>
<td>$211.00</td>
</tr>
<tr>
<td>Walter Spracklin</td>
<td>RBC Capital</td>
<td>Raises</td>
<td>Sector Perform</td>
<td>$211.00</td>
<td>$189.00</td>
</tr>
<tr>
<td>Stephanie Moore</td>
<td>Jefferies</td>
<td>Raises</td>
<td>Buy</td>
<td>$256.00</td>
<td>$230.00</td>
</tr>
<tr>
<td>Bryan Burgmeier</td>
<td>Citigroup</td>
<td>Raises</td>
<td>Buy</td>
<td>$226.00</td>
<td>$215.00</td>
</tr>
<tr>
<td>Stephanie Yee</td>
<td>JP Morgan</td>
<td>Raises</td>
<td>Neutral</td>
<td>$197.00</td>
<td>$165.00</td>
</tr>
<tr>
<td>Devin Dodge</td>
<td>BMO Capital</td>
<td>Raises</td>
<td>Outperform</td>
<td>$178.00</td>
<td>$166.00</td>
</tr>
<tr>
<td>Devin Dodge</td>
<td>BMO Capital</td>
<td>Raises</td>
<td>Market Perform</td>
<td>$196.00</td>
<td>$184.00</td>
</tr>
<tr>
<td>Noah Kaye</td>
<td>Oppenheimer</td>
<td>Raises</td>
<td>Outperform</td>
<td>$212.00</td>
<td>$188.00</td>
</tr>
<tr>
<td>Walter Spracklin</td>
<td>RBC Capital</td>
<td>Raises</td>
<td>Sector Perform</td>
<td>$189.00</td>
<td>$163.00</td>
</tr>
<tr>
<td>Michael Hoffman</td>
<td>Stifel</td>
<td>Raises</td>
<td>Buy</td>
<td>$215.00</td>
<td>$190.00</td>
</tr>
<tr>
<td>Tobey Sommer</td>
<td>Truist Securities</td>
<td>Raises</td>
<td>Buy</td>
<td>$220.00</td>
<td>$215.00</td>
</tr>
<tr>
<td>Jon Windham</td>
<td>UBS</td>
<td>Raises</td>
<td>Neutral</td>
<td>$205.00</td>
<td>$190.00</td>
</tr>
</tbody>
</table>
<h3>Key Insights:</h3>
<ul>
<li>Action Taken: In response to dynamic market conditions and company performance, analysts update their recommendations. Whether they 'Maintain', 'Raise', or 'Lower' their stance, it signifies their reaction to recent developments related to Waste Management. This insight gives a snapshot of analysts' perspectives on the current state of the company.</li>
<li>Rating: Providing a comprehensive analysis, analysts offer qualitative assessments, ranging from 'Outperform' to 'Underperform'. These ratings reflect expectations for the relative performance of Waste Management compared to the broader market.</li>
<li>Price Targets: Analysts navigate through adjustments in price targets, providing estimates for Waste Management's future value. Comparing current and prior targets offers insights into analysts' evolving expectations.</li>
</ul>
Considering these analyst evaluations in conjunction with other financial indicators can offer a comprehensive understanding of Waste Management's market position. Stay informed and make well-informed decisions with our Ratings Table.
<a href="https://www.benzinga.com/quote/WM/analyst-ratings?utm_source=Benzinga Insights">Stay up to date on Waste Management analyst ratings.</a>
<h2>About Waste Management</h2>
WM ranks as the largest integrated provider of traditional solid waste services in the United States, operating 259 active landfills and about 337 transfer stations. The company serves residential, commercial, and industrial end markets and is also a leading recycler in North America.
<h3>Waste Management: A Financial Overview</h3>
Market Capitalization Highlights: Above the industry average, the company's market capitalization signifies a significant scale, indicating strong confidence and market prominence.
Revenue Growth: Waste Management's revenue growth over a period of 3 months has been noteworthy. As of 31 December, 2023, the company achieved a revenue growth rate of approximately 5.71%. This indicates a substantial increase in the company's top-line earnings. As compared to its peers, the revenue growth lags behind its industry peers. The company achieved a growth rate lower than the average among peers in Industrials sector.
Net Margin: Waste Management's financial strength is reflected in its exceptional net margin, which exceeds industry averages. With a remarkable net margin of 9.45%, the company showcases strong profitability and effective cost management.
Return on Equity (ROE): Waste Management's ROE stands out, surpassing industry averages. With an impressive ROE of 7.12%, the company demonstrates effective use of equity capital and strong financial performance.
Return on Assets (ROA): Waste Management's financial strength is reflected in its exceptional ROA, which exceeds industry averages. With a remarkable ROA of 1.52%, the company showcases efficient use of assets and strong financial health.
Debt Management: Waste Management's debt-to-equity ratio is notably higher than the industry average. With a ratio of 2.35, the company relies more heavily on borrowed funds, indicating a higher level of financial risk.
<h2>The Core of Analyst Ratings: What Every Investor Should Know</h2>
Analyst ratings serve as essential indicators of stock performance, provided by experts in banking and financial systems. These specialists diligently analyze company financial statements, participate in conference calls, and engage with insiders to generate quarterly ratings for individual stocks.
Some analysts publish their predictions for metrics such as growth estimates, earnings, and revenue to provide additional guidance with their ratings. When using analyst ratings, it is important to keep in mind that stock and sector analysts are also human and are only offering their opinions to investors.
This article was generated by Benzinga's automated content engine and reviewed by an editor.

Analyst Scoreboard: 15 Ratings For Waste Management

Analysts' ratings for Stericycle (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SRCL#NASDAQ">SRCL</a>) over the last quarter vary from bullish to bearish, as provided by 6 analysts.
The following table provides a quick overview of their recent ratings, highlighting the changing sentiments over the past 30 days and comparing them to the preceding months.
<table>
<thead>
<tr>
<th></th>
<th style="text-align: right;">Bullish</th>
<th style="text-align: right;">Somewhat Bullish</th>
<th style="text-align: right;">Indifferent</th>
<th style="text-align: right;">Somewhat Bearish</th>
<th style="text-align: right;">Bearish</th>
</tr>
</thead>
<tbody>
<tr>
<td>Total Ratings</td>
<td style="text-align: right;">1</td>
<td style="text-align: right;">2</td>
<td style="text-align: right;">2</td>
<td style="text-align: right;">1</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td>Last 30D</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">1</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td>1M Ago</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td>2M Ago</td>
<td style="text-align: right;">1</td>
<td style="text-align: right;">2</td>
<td style="text-align: right;">1</td>
<td style="text-align: right;">1</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td>3M Ago</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
</tbody>
</table>
Insights from analysts' 12-month price targets are revealed, presenting an average target of $62.17, a high estimate of $75.00, and a low estimate of $48.00. Marking an increase of 11.02%, the current average surpasses the previous average price target of $56.00. 
<img src="https://www.benzinga.com/files/images/story/2024/1714150859_0.png" alt="price target chart" />
<h2>Understanding Analyst Ratings: A Comprehensive Breakdown</h2>
The perception of Stericycle by financial experts is analyzed through recent analyst actions. The following summary presents key analysts, their recent evaluations, and adjustments to ratings and price targets.
<table>
<thead>
<tr>
<th>Analyst</th>
<th>Analyst Firm</th>
<th>Action Taken</th>
<th>Rating</th>
<th>Current Price Target</th>
<th>Prior Price Target</th>
</tr>
</thead>
<tbody>
<tr>
<td>David Manthey</td>
<td>Baird</td>
<td>Lowers</td>
<td>Neutral</td>
<td>$55.00</td>
<td>$62.00</td>
</tr>
<tr>
<td>Sean Dodge</td>
<td>RBC Capital</td>
<td>Maintains</td>
<td>Outperform</td>
<td>$69.00</td>
<td>-</td>
</tr>
<tr>
<td>John Mazzoni</td>
<td>Wells Fargo</td>
<td>Raises</td>
<td>Underweight</td>
<td>$48.00</td>
<td>$40.00</td>
</tr>
<tr>
<td>Sean Dodge</td>
<td>RBC Capital</td>
<td>Raises</td>
<td>Outperform</td>
<td>$69.00</td>
<td>$58.00</td>
</tr>
<tr>
<td>Michael Hoffman</td>
<td>Stifel</td>
<td>Raises</td>
<td>Buy</td>
<td>$75.00</td>
<td>$70.00</td>
</tr>
<tr>
<td>Tobey Sommer</td>
<td>Truist Securities</td>
<td>Raises</td>
<td>Hold</td>
<td>$57.00</td>
<td>$50.00</td>
</tr>
</tbody>
</table>
<h3>Key Insights:</h3>
<ul>
<li>Action Taken: Responding to changing market dynamics and company performance, analysts update their recommendations. Whether they 'Maintain', 'Raise', or 'Lower' their stance, it signifies their response to recent developments related to Stericycle. This offers insight into analysts' perspectives on the current state of the company.</li>
<li>Rating: Providing a comprehensive analysis, analysts offer qualitative assessments, ranging from 'Outperform' to 'Underperform'. These ratings reflect expectations for the relative performance of Stericycle compared to the broader market.</li>
<li>Price Targets: Analysts explore the dynamics of price targets, providing estimates for the future value of Stericycle's stock. This examination reveals shifts in analysts' expectations over time.</li>
</ul>
Capture valuable insights into Stericycle's market standing by understanding these analyst evaluations alongside pertinent financial indicators. Stay informed and make strategic decisions with our Ratings Table.
<a href="https://www.benzinga.com/quote/SRCL/analyst-ratings?utm_source=Benzinga Insights">Stay up to date on Stericycle analyst ratings.</a>
<h2>Unveiling the Story Behind Stericycle</h2>
Stericycle is the largest provider of medical waste disposal and data destruction (primarily paper shredding) services in the United States. Its next-closest national competitor in medical waste disposal is Sharps Compliance, which generated $76 million of sales in fiscal 2021 before its 2022 acquisition (about 4% of Stericycle's global regulated waste and compliance revenue). Stericycle's data destruction business, Shred-It, is about twice the size of its closest competitor (Iron Mountain's information destruction segment). Stericycle has a global presence, with about 20% of its revenue earned outside North America.
<h3>Stericycle: Delving into Financials</h3>
Market Capitalization: With restricted market capitalization, the company is positioned below industry averages. This reflects a smaller scale relative to peers.
Decline in Revenue: Over the 3 months period, Stericycle faced challenges, resulting in a decline of approximately -2.73% in revenue growth as of 31 December, 2023. This signifies a reduction in the company's top-line earnings. When compared to others in the Industrials sector, the company faces challenges, achieving a growth rate lower than the average among peers.
Net Margin: Stericycle's net margin is impressive, surpassing industry averages. With a net margin of 2.29%, the company demonstrates strong profitability and effective cost management.
Return on Equity (ROE): Stericycle's ROE falls below industry averages, indicating challenges in efficiently using equity capital. With an ROE of 0.6%, the company may face hurdles in generating optimal returns for shareholders.
Return on Assets (ROA): Stericycle's financial strength is reflected in its exceptional ROA, which exceeds industry averages. With a remarkable ROA of 0.28%, the company showcases efficient use of assets and strong financial health.
Debt Management: Stericycle's debt-to-equity ratio is below industry norms, indicating a sound financial structure with a ratio of 0.71.
<h2>Analyst Ratings: Simplified</h2>
Ratings come from analysts, or specialists within banking and financial systems that report for specific stocks or defined sectors (typically once per quarter for each stock). Analysts usually derive their information from company conference calls and meetings, financial statements, and conversations with important insiders to reach their decisions.
Some analysts publish their predictions for metrics such as growth estimates, earnings, and revenue to provide additional guidance with their ratings. When using analyst ratings, it is important to keep in mind that stock and sector analysts are also human and are only offering their opinions to investors.
This article was generated by Benzinga's automated content engine and reviewed by an editor.

SRCL

The Latest Analyst Ratings For Stericycle

JEPQ

LDOS

NFLX

CNBC Halftime Report Final Trades: Netflix, Delta Air Lines, Leidos Holdings, JPMorgan Nasdaq Equity Premium Income ETF

In the latest quarter, 13 analysts provided ratings for Teladoc Health (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/TDOC#NYSE">TDOC</a>), showcasing a mix of bullish and bearish perspectives.
The following table provides a quick overview of their recent ratings, highlighting the changing sentiments over the past 30 days and comparing them to the preceding months.
<table>
<thead>
<tr>
<th></th>
<th style="text-align: right;">Bullish</th>
<th style="text-align: right;">Somewhat Bullish</th>
<th style="text-align: right;">Indifferent</th>
<th style="text-align: right;">Somewhat Bearish</th>
<th style="text-align: right;">Bearish</th>
</tr>
</thead>
<tbody>
<tr>
<td>Total Ratings</td>
<td style="text-align: right;">2</td>
<td style="text-align: right;">6</td>
<td style="text-align: right;">5</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td>Last 30D</td>
<td style="text-align: right;">1</td>
<td style="text-align: right;">2</td>
<td style="text-align: right;">1</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td>1M Ago</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td>2M Ago</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">1</td>
<td style="text-align: right;">2</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td>3M Ago</td>
<td style="text-align: right;">1</td>
<td style="text-align: right;">3</td>
<td style="text-align: right;">2</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
</tbody>
</table>
Analysts' evaluations of 12-month price targets offer additional insights, showcasing an average target of $21.15, with a high estimate of $28.00 and a low estimate of $16.00. A negative shift in sentiment is evident as analysts have decreased the average price target by 18.37%. 
<img src="https://www.benzinga.com/files/images/story/2024/1714150846_0.png" alt="price target chart" />
<h2>Interpreting Analyst Ratings: A Closer Look</h2>
The perception of Teladoc Health by financial experts is analyzed through recent analyst actions. The following summary presents key analysts, their recent evaluations, and adjustments to ratings and price targets.
<table>
<thead>
<tr>
<th>Analyst</th>
<th>Analyst Firm</th>
<th>Action Taken</th>
<th>Rating</th>
<th>Current Price Target</th>
<th>Prior Price Target</th>
</tr>
</thead>
<tbody>
<tr>
<td>Sean Dodge</td>
<td>RBC Capital</td>
<td>Lowers</td>
<td>Outperform</td>
<td>$18.00</td>
<td>$25.00</td>
</tr>
<tr>
<td>David Grossman</td>
<td>Stifel</td>
<td>Lowers</td>
<td>Hold</td>
<td>$16.00</td>
<td>$21.00</td>
</tr>
<tr>
<td>Steve Valiquette</td>
<td>Barclays</td>
<td>Lowers</td>
<td>Overweight</td>
<td>$20.00</td>
<td>$25.00</td>
</tr>
<tr>
<td>Richard Close</td>
<td>Canaccord Genuity</td>
<td>Lowers</td>
<td>Buy</td>
<td>$25.00</td>
<td>$28.00</td>
</tr>
<tr>
<td>Jailendra Singh</td>
<td>Truist Securities</td>
<td>Lowers</td>
<td>Hold</td>
<td>$17.00</td>
<td>$23.00</td>
</tr>
<tr>
<td>Sarah James</td>
<td>Cantor Fitzgerald</td>
<td>Announces</td>
<td>Overweight</td>
<td>$22.00</td>
<td>-</td>
</tr>
<tr>
<td>Michael Cherny</td>
<td>Leerink Partners</td>
<td>Announces</td>
<td>Market Perform</td>
<td>$17.00</td>
<td>-</td>
</tr>
<tr>
<td>Gil Luria</td>
<td>DA Davidson</td>
<td>Lowers</td>
<td>Neutral</td>
<td>$18.00</td>
<td>$22.00</td>
</tr>
<tr>
<td>Daniel Grosslight</td>
<td>Citigroup</td>
<td>Lowers</td>
<td>Neutral</td>
<td>$19.00</td>
<td>$21.00</td>
</tr>
<tr>
<td>Sean Dodge</td>
<td>RBC Capital</td>
<td>Lowers</td>
<td>Outperform</td>
<td>$25.00</td>
<td>$30.00</td>
</tr>
<tr>
<td>Steve Valiquette</td>
<td>Barclays</td>
<td>Lowers</td>
<td>Overweight</td>
<td>$25.00</td>
<td>$26.00</td>
</tr>
<tr>
<td>Jessica Tassan</td>
<td>Piper Sandler</td>
<td>Lowers</td>
<td>Overweight</td>
<td>$25.00</td>
<td>$30.00</td>
</tr>
<tr>
<td>Richard Close</td>
<td>Canaccord Genuity</td>
<td>Lowers</td>
<td>Buy</td>
<td>$28.00</td>
<td>$34.00</td>
</tr>
</tbody>
</table>
<h3>Key Insights:</h3>
<ul>
<li>Action Taken: Responding to changing market dynamics and company performance, analysts update their recommendations. Whether they 'Maintain', 'Raise', or 'Lower' their stance, it signifies their response to recent developments related to Teladoc Health. This offers insight into analysts' perspectives on the current state of the company.</li>
<li>Rating: Analysts unravel qualitative evaluations for stocks, ranging from 'Outperform' to 'Underperform'. These ratings offer insights into expectations for the relative performance of Teladoc Health compared to the broader market.</li>
<li>Price Targets: Analysts gauge the dynamics of price targets, providing estimates for the future value of Teladoc Health's stock. This comparison reveals trends in analysts' expectations over time.</li>
</ul>
Capture valuable insights into Teladoc Health's market standing by understanding these analyst evaluations alongside pertinent financial indicators. Stay informed and make strategic decisions with our Ratings Table.
<a href="https://www.benzinga.com/quote/TDOC/analyst-ratings?utm_source=Benzinga Insights">Stay up to date on Teladoc Health analyst ratings.</a>
<h2>Unveiling the Story Behind Teladoc Health</h2>
Teladoc Health is a virtual health provider with a telehealth platform delivering on-demand healthcare via mobile devices, the internet, video, and phone. It also offers remote patient monitoring programs for chronic care management. It operates in Teladoc two segments Health Integrated Care and BetterHelp segments. The majority of its revenue generated from access fees on a subscription basis (per member, per month). The balance comes from visit fees and equipment rental and sales to hospital systems. Since inception, Teladoc has partnered with employers, health plans, and health systems to offer network access to their members; it has also started to market directly to consumers while expanding its service portfolio.
<h3>Teladoc Health: A Financial Overview</h3>
Market Capitalization Analysis: Below industry benchmarks, the company's market capitalization reflects a smaller scale relative to peers. This could be attributed to factors such as growth expectations or operational capacity.
Positive Revenue Trend: Examining Teladoc Health's financials over 3 months reveals a positive narrative. The company achieved a noteworthy revenue growth rate of 3.58% as of 31 December, 2023, showcasing a substantial increase in top-line earnings. As compared to its peers, the revenue growth lags behind its industry peers. The company achieved a growth rate lower than the average among peers in Health Care sector.
Net Margin: Teladoc Health's net margin is impressive, surpassing industry averages. With a net margin of -4.37%, the company demonstrates strong profitability and effective cost management.
Return on Equity (ROE): Teladoc Health's ROE excels beyond industry benchmarks, reaching -1.25%. This signifies robust financial management and efficient use of shareholder equity capital.
Return on Assets (ROA): The company's ROA is a standout performer, exceeding industry averages. With an impressive ROA of -0.66%, the company showcases effective utilization of assets.
Debt Management: The company faces challenges in debt management with a debt-to-equity ratio higher than the industry average. With a ratio of 0.68, caution is advised due to increased financial risk.
<h2>What Are Analyst Ratings?</h2>
Ratings come from analysts, or specialists within banking and financial systems that report for specific stocks or defined sectors (typically once per quarter for each stock). Analysts usually derive their information from company conference calls and meetings, financial statements, and conversations with important insiders to reach their decisions.
Analysts may enhance their evaluations by incorporating forecasts for metrics like growth estimates, earnings, and revenue, delivering additional guidance to investors. It is vital to acknowledge that, although experts in stocks and sectors, analysts are human and express their opinions when providing insights.
This article was generated by Benzinga's automated content engine and reviewed by an editor.

TDOC

13 Analysts Assess Teladoc Health: What You Need To Know

Across the recent three months, 4 analysts have shared their insights on Oceaneering International (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/OII#NYSE">OII</a>), expressing a variety of opinions spanning from bullish to bearish.
Summarizing their recent assessments, the table below illustrates the evolving sentiments in the past 30 days and compares them to the preceding months.
<table>
<thead>
<tr>
<th></th>
<th style="text-align: right;">Bullish</th>
<th style="text-align: right;">Somewhat Bullish</th>
<th style="text-align: right;">Indifferent</th>
<th style="text-align: right;">Somewhat Bearish</th>
<th style="text-align: right;">Bearish</th>
</tr>
</thead>
<tbody>
<tr>
<td>Total Ratings</td>
<td style="text-align: right;">2</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">2</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td>Last 30D</td>
<td style="text-align: right;">1</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td>1M Ago</td>
<td style="text-align: right;">1</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td>2M Ago</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">2</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td>3M Ago</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
</tbody>
</table>
Insights from analysts' 12-month price targets are revealed, presenting an average target of $28.5, a high estimate of $34.00, and a low estimate of $22.00. Marking an increase of 23.91%, the current average surpasses the previous average price target of $23.00. 
<img src="https://www.benzinga.com/files/images/story/2024/1714150838_0.png" alt="price target chart" />
<h2>Analyzing Analyst Ratings: A Detailed Breakdown</h2>
The perception of Oceaneering International by financial experts is analyzed through recent analyst actions. The following summary presents key analysts, their recent evaluations, and adjustments to ratings and price targets.
<table>
<thead>
<tr>
<th>Analyst</th>
<th>Analyst Firm</th>
<th>Action Taken</th>
<th>Rating</th>
<th>Current Price Target</th>
<th>Prior Price Target</th>
</tr>
</thead>
<tbody>
<tr>
<td>Kurt Hallead</td>
<td>Benchmark</td>
<td>Maintains</td>
<td>Buy</td>
<td>$34.00</td>
<td>-</td>
</tr>
<tr>
<td>Kurt Hallead</td>
<td>Benchmark</td>
<td>Maintains</td>
<td>Buy</td>
<td>$34.00</td>
<td>-</td>
</tr>
<tr>
<td>Ian Macpherson</td>
<td>Piper Sandler</td>
<td>Raises</td>
<td>Neutral</td>
<td>$24.00</td>
<td>$23.00</td>
</tr>
<tr>
<td>David Anderson</td>
<td>Barclays</td>
<td>Lowers</td>
<td>Equal-Weight</td>
<td>$22.00</td>
<td>$23.00</td>
</tr>
</tbody>
</table>
<h3>Key Insights:</h3>
<ul>
<li>Action Taken: In response to dynamic market conditions and company performance, analysts update their recommendations. Whether they 'Maintain', 'Raise', or 'Lower' their stance, it signifies their reaction to recent developments related to Oceaneering International. This insight gives a snapshot of analysts' perspectives on the current state of the company.</li>
<li>Rating: Delving into assessments, analysts assign qualitative values, from 'Outperform' to 'Underperform'. These ratings communicate expectations for the relative performance of Oceaneering International compared to the broader market.</li>
<li>Price Targets: Analysts set price targets as an estimate of a stock's future value. Comparing the current and prior price targets provides insight into how analysts' expectations have changed over time. This information can be valuable for investors seeking to understand consensus views on the stock's potential future performance.</li>
</ul>
To gain a panoramic view of Oceaneering International's market performance, explore these analyst evaluations alongside essential financial indicators. Stay informed and make judicious decisions using our Ratings Table.
<a href="https://www.benzinga.com/quote/OII/analyst-ratings?utm_source=Benzinga Insights">Stay up to date on Oceaneering International analyst ratings.</a>
<h2>Get to Know Oceaneering International Better</h2>
Oceaneering International Inc is a global provider of engineered services and products robotic solutions to the offshore energy, defense, aerospace, manufacturing and entertainment industries. Most of Oceaneering's products are produced for the offshore oil and gas market. It had a 2020 segment realignment to promote synergies and cost efficiency. The five segments are subsea robotics; manufactured products; offshore projects group; integrity management and digital solutions; and aerospace and defense technologies. Within the segments are two businesses - services and products provided primarily to the oil and gas industry. The firm is also involved in the offshore renewables and mobility solutions industries.
<h3>Breaking Down Oceaneering International's Financial Performance</h3>
Market Capitalization: With restricted market capitalization, the company is positioned below industry averages. This reflects a smaller scale relative to peers.
Revenue Growth: Oceaneering International's remarkable performance in 3 months is evident. As of 31 December, 2023, the company achieved an impressive revenue growth rate of 22.08%. This signifies a substantial increase in the company's top-line earnings. As compared to its peers, the company achieved a growth rate higher than the average among peers in Energy sector.
Net Margin: Oceaneering International's net margin lags behind industry averages, suggesting challenges in maintaining strong profitability. With a net margin of 6.8%, the company may face hurdles in effective cost management.
Return on Equity (ROE): Oceaneering International's ROE excels beyond industry benchmarks, reaching 7.46%. This signifies robust financial management and efficient use of shareholder equity capital.
Return on Assets (ROA): Oceaneering International's ROA surpasses industry standards, highlighting the company's exceptional financial performance. With an impressive 1.96% ROA, the company effectively utilizes its assets for optimal returns.
Debt Management: Oceaneering International's debt-to-equity ratio is notably higher than the industry average. With a ratio of 1.35, the company relies more heavily on borrowed funds, indicating a higher level of financial risk.
<h2>Analyst Ratings: Simplified</h2>
Analysts work in banking and financial systems and typically specialize in reporting for stocks or defined sectors. Analysts may attend company conference calls and meetings, research company financial statements, and communicate with insiders to publish "analyst ratings" for stocks. Analysts typically rate each stock once per quarter.
Some analysts will also offer forecasts for metrics like growth estimates, earnings, and revenue to provide further guidance on stocks. Investors who use analyst ratings should note that this specialized advice comes from humans and may be subject to error.
This article was generated by Benzinga's automated content engine and reviewed by an editor.

Breaking Down Oceaneering International: 4 Analysts Share Their Views

Morgan Stanley's (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/MS#NYSE">MS</a>) short percent of float has fallen 7.63% since its last report. The company recently reported that it has 15.13 million shares sold short, which is 1.21% of all regular shares that are available for trading. Based on its trading volume, it would take traders 2.07 days to cover their short positions on average.
<h3>Why Short Interest Matters</h3>
Short interest is the number of shares that have been sold short but have not yet been covered or closed out. <a href="https://www.benzinga.com/money/how-to-short-a-stock/">Short selling</a> is when a trader sells shares of a company they do not own, with the hope that the price will fall. Traders make money from short selling if the price of the stock falls and they lose if it rises.
Short interest is important to track because it can act as an indicator of market sentiment towards a particular stock. An increase in short interest can signal that investors have become more bearish, while a decrease in short interest can signal they have become more bullish.
See Also: <a href="https://www.benzinga.com/short-interest">List of the most shorted stocks</a>
<h3>Morgan Stanley Short Interest Graph (3 Months)</h3>
<img src="https://www.benzinga.com/files/images/story/2024/1714150831_0.png" alt="short_fig" />
As you can see from the chart above the percentage of shares that are sold short for Morgan Stanley has declined since its last report. This does not mean that the stock is going to rise in the near-term but traders should be aware that less shares are being shorted.
<h3>Comparing Morgan Stanley's Short Interest Against Its Peers</h3>
Peer comparison is a popular technique amongst analysts and investors for gauging how well a company is performing. A company's peer is another company that has similar characteristics to it, such as industry, size, age, and financial structure. You can find a company's peer group by reading its 10-K, proxy filing, or by doing your own similarity analysis.
According to <a href="https://pro.benzinga.com/">Benzinga Pro</a>, Morgan Stanley's peer group average for short interest as a percentage of float is 5.66%, which means the company has less short interest than most of its peers.
Did you know that increasing short interest can actually be bullish for a stock? <a href="https://www.benzinga.com/money/how-to-make-money-on-a-short-squeeze/">This post by Benzinga Money explains how you can profit from it.</a>
This article was generated by Benzinga's automated content engine and was reviewed by an editor.

Short Sellers

Short Ideas

How Is The Market Feeling About Morgan Stanley?

Cadence Design Sys (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CDNS#NASDAQ">CDNS</a>) has outperformed the market over the past 20 years by 8.78% on an annualized basis producing an average annual return of 16.64%. Currently, Cadence Design Sys has a market capitalization of $77.61 billion. 
Buying $100 In CDNS: If an investor had bought $100 of CDNS stock 20 years ago, it would be worth $2,202.34 today based on a price of $285.20 for CDNS at the time of writing.
<h3>Cadence Design Sys's Performance Over Last 20 Years</h3>
<img src="https://www.benzinga.com/files/images/story/2024/1714150832_0.png" alt="comp_fig" />
Finally -- what's the point of all this? The key insight to take from this article is to note how much of a difference compounded returns can make in your cash growth over a period of time.
This article was generated by Benzinga's automated content engine and reviewed by an editor.

CDNS

Here's How Much You Would Have Made Owning Cadence Design Sys Stock In The Last 20 Years

9 analysts have expressed a variety of opinions on Cullen/Frost Bankers (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CFR#NYSE">CFR</a>) over the past quarter, offering a diverse set of opinions from bullish to bearish.
In the table below, you'll find a summary of their recent ratings, revealing the shifting sentiments over the past 30 days and comparing them to the previous months.
<table>
<thead>
<tr>
<th></th>
<th style="text-align: right;">Bullish</th>
<th style="text-align: right;">Somewhat Bullish</th>
<th style="text-align: right;">Indifferent</th>
<th style="text-align: right;">Somewhat Bearish</th>
<th style="text-align: right;">Bearish</th>
</tr>
</thead>
<tbody>
<tr>
<td>Total Ratings</td>
<td style="text-align: right;">1</td>
<td style="text-align: right;">1</td>
<td style="text-align: right;">6</td>
<td style="text-align: right;">1</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td>Last 30D</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">1</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td>1M Ago</td>
<td style="text-align: right;">1</td>
<td style="text-align: right;">1</td>
<td style="text-align: right;">3</td>
<td style="text-align: right;">1</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td>2M Ago</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td>3M Ago</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">2</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
</tbody>
</table>
Analysts provide deeper insights through their assessments of 12-month price targets, revealing an average target of $120.56, a high estimate of $140.00, and a low estimate of $113.00. Marking an increase of 2.67%, the current average surpasses the previous average price target of $117.43. 
<img src="https://www.benzinga.com/files/images/story/2024/1714150829_0.png" alt="price target chart" />
<h2>Interpreting Analyst Ratings: A Closer Look</h2>
The standing of Cullen/Frost Bankers among financial experts becomes clear with a thorough analysis of recent analyst actions. The summary below outlines key analysts, their recent evaluations, and adjustments to ratings and price targets.
<table>
<thead>
<tr>
<th>Analyst</th>
<th>Analyst Firm</th>
<th>Action Taken</th>
<th>Rating</th>
<th>Current Price Target</th>
<th>Prior Price Target</th>
</tr>
</thead>
<tbody>
<tr>
<td>David Chiaverini</td>
<td>Wedbush</td>
<td>Maintains</td>
<td>Neutral</td>
<td>$115.00</td>
<td>-</td>
</tr>
<tr>
<td>Jon Arfstrom</td>
<td>RBC Capital</td>
<td>Maintains</td>
<td>Sector Perform</td>
<td>$118.00</td>
<td>-</td>
</tr>
<tr>
<td>Casey Haire</td>
<td>Jefferies</td>
<td>Raises</td>
<td>Hold</td>
<td>$121.00</td>
<td>$119.00</td>
</tr>
<tr>
<td>Steven Alexopoulos</td>
<td>JP Morgan</td>
<td>Raises</td>
<td>Overweight</td>
<td>$140.00</td>
<td>$135.00</td>
</tr>
<tr>
<td>Brandon King</td>
<td>Truist Securities</td>
<td>Raises</td>
<td>Hold</td>
<td>$121.00</td>
<td>$114.00</td>
</tr>
<tr>
<td>Peter Winter</td>
<td>DA Davidson</td>
<td>Maintains</td>
<td>Buy</td>
<td>$126.00</td>
<td>$126.00</td>
</tr>
<tr>
<td>John Pancari</td>
<td>Evercore ISI Group</td>
<td>Raises</td>
<td>Underperform</td>
<td>$113.00</td>
<td>$109.00</td>
</tr>
<tr>
<td>Manan Gosalia</td>
<td>Morgan Stanley</td>
<td>Raises</td>
<td>Equal-Weight</td>
<td>$115.00</td>
<td>$109.00</td>
</tr>
<tr>
<td>Brody Preston</td>
<td>UBS</td>
<td>Raises</td>
<td>Neutral</td>
<td>$116.00</td>
<td>$110.00</td>
</tr>
</tbody>
</table>
<h3>Key Insights:</h3>
<ul>
<li>Action Taken: Analysts respond to changes in market conditions and company performance, frequently updating their recommendations. Whether they 'Maintain', 'Raise' or 'Lower' their stance, it reflects their reaction to recent developments related to Cullen/Frost Bankers. This information offers a snapshot of how analysts perceive the current state of the company.</li>
<li>Rating: Analysts assign qualitative assessments to stocks, ranging from 'Outperform' to 'Underperform'. These ratings convey the analysts' expectations for the relative performance of Cullen/Frost Bankers compared to the broader market.</li>
<li>Price Targets: Analysts navigate through adjustments in price targets, providing estimates for Cullen/Frost Bankers's future value. Comparing current and prior targets offers insights into analysts' evolving expectations.</li>
</ul>
To gain a panoramic view of Cullen/Frost Bankers's market performance, explore these analyst evaluations alongside essential financial indicators. Stay informed and make judicious decisions using our Ratings Table.
<a href="https://www.benzinga.com/quote/CFR/analyst-ratings?utm_source=Benzinga Insights">Stay up to date on Cullen/Frost Bankers analyst ratings.</a>
<h2>All You Need to Know About Cullen/Frost Bankers</h2>
Cullen/Frost Bankers is a financial holding company, The company offer commercial and consumer banking services, as well as trust and investment management, insurance, brokerage, mutual funds, leasing, treasury management, capital markets advisory and item processing services across Texas in the Austin, Corpus Christi, Dallas, Fort Worth, Houston, Permian Basin, Rio Grande Valley, and San Antonio regions.
<h3>A Deep Dive into Cullen/Frost Bankers's Financials</h3>
Market Capitalization Analysis: The company exhibits a lower market capitalization profile, positioning itself below industry averages. This suggests a smaller scale relative to peers.
Decline in Revenue: Over the 3 months period, Cullen/Frost Bankers faced challenges, resulting in a decline of approximately -0.44% in revenue growth as of 31 December, 2023. This signifies a reduction in the company's top-line earnings. When compared to others in the Financials sector, the company faces challenges, achieving a growth rate lower than the average among peers.
Net Margin: Cullen/Frost Bankers's net margin lags behind industry averages, suggesting challenges in maintaining strong profitability. With a net margin of 19.85%, the company may face hurdles in effective cost management.
Return on Equity (ROE): The company's ROE is a standout performer, exceeding industry averages. With an impressive ROE of 3.1%, the company showcases effective utilization of equity capital.
Return on Assets (ROA): Cullen/Frost Bankers's ROA is below industry averages, indicating potential challenges in efficiently utilizing assets. With an ROA of 0.2%, the company may face hurdles in achieving optimal financial returns.
Debt Management: The company maintains a balanced debt approach with a debt-to-equity ratio below industry norms, standing at 0.06.
<h2>Analyst Ratings: Simplified</h2>
Analysts are specialists within banking and financial systems that typically report for specific stocks or within defined sectors. These people research company financial statements, sit in conference calls and meetings, and speak with relevant insiders to determine what are known as analyst ratings for stocks. Typically, analysts will rate each stock once a quarter. 
Some analysts publish their predictions for metrics such as growth estimates, earnings, and revenue to provide additional guidance with their ratings. When using analyst ratings, it is important to keep in mind that stock and sector analysts are also human and are only offering their opinions to investors.
This article was generated by Benzinga's automated content engine and reviewed by an editor.

Navigating 9 Analyst Ratings For Cullen/Frost Bankers

The software industry's growth is fueled by rising data volume and automation among enterprises, cybersecurity concerns, and the expanding application development market. Hence, quality software stocks SS&C Technologies Holdings (SSNC), Sapiens International (SPNS), Karooooo (KARO), and Rimini Street (RMNI) might be ideal buys for stability and value. Continue reading… The software market is rapidly expanding due to businesses across several industries undergoing digital transformation, growing adoption of emerging technologies, including artificial intelligence (AI), machine learning, the Internet of Things (IoT), blockchain, cloud computing, and big data analytics, and increasing frequency of cybersecurity concerns.
Therefore, investors could consider investing in the top software stocks SS&amp;C Technologies Holdings, Inc. (<a href="https://stocknews.com/stock/SSNC/">SSNC</a>), Sapiens International Corporation N.V. (<a href="https://stocknews.com/stock/SPNS/">SPNS</a>), Karooooo Ltd. (<a href="https://stocknews.com/stock/KARO/">KARO</a>), and Rimini Street, Inc. (<a href="https://stocknews.com/stock/RMNI/">RMNI</a>), which offer stability and boast lower valuation relative to their industry peers.
According to Gartner, worldwide IT spending is projected to reach <a href="https://www.gartner.com/en/newsroom/press-releases/01-17-2024-gartner-forecasts-worldwide-it-spending-to-grow-six-point-eight-percent-in-2024">$5 trillion in 2024</a>, marking a 6.8% increase from 2023. IT services are expected to become the largest segment, with spending reaching $1.50 trillion this year, driven by organizational efficiency and optimization projects. Meanwhile, global software spending is projected to grow 12.7% year-over-year to $1.03 billion.
In addition, rising enterprise data volume, automation, and growing digitization are propelling the software market's prospects. The pandemic has further fueled demand for software solutions, with increased remote work highlighting the importance of cybersecurity measures. The global software market is expected to grow at a <a href="https://www.grandviewresearch.com/industry-analysis/software-market-report">CAGR of 11.5%</a> by 2030.
Moreover, the application development software market is poised for growth due to increased demand for several software applications to simplify and speed up business operations using AI, IoT, and cloud-based solutions. The <a href="https://www.grandviewresearch.com/industry-analysis/application-development-software-market-report">global application development software market</a> is projected to grow at a CAGR of 24.3% by 2028.
Besides, the Biden-Harris Administration approved <a href="https://home.treasury.gov/news/press-releases/jy2146">$20 million for digital connectivity projects</a> in Pennsylvania, benefiting approximately 12,000 individuals annually. This funding is part of the U.S. Department of the Treasury's Capital Projects Fund, aimed at expanding economic opportunities and providing internet connectivity in communities with unmet needs.
Considering these favorable market trends, let's discuss the fundamentals of four software stock picks: SSNC, SPNS, KARO, and RMNI.
SS&amp;C Technologies Holdings, Inc. (<a href="https://stocknews.com/stock/SSNC/">SSNC</a>)
SSNC offers a comprehensive suite of software products and services tailored to the financial services and healthcare industries, enabling the automation of complex business processes. Their solutions range from securities accounting to healthcare administration, providing clients with tools to manage information processing efficiently.
On March 5, 2024, SSNC was selected by Circulate Capital for fund administration, reinforcing SSNC's expertise in managing complex fund structures and supporting Circulate Capital's mission of advancing the circular economy and combating climate change through impactful investments.
On February 15, SSNC approved a quarterly dividend payout of $0.24 per share, payable on March 15, 2024. The company pays $0.96 annually, which translates to a yield of 1.53% on the prevailing price level, higher than its four-year average dividend yield of 1.12%.
SSNC's forward EV/EBITDA of 9.76x is 15.4% lower than the industry average of 11.53x. Likewise, the stock's forward EV/EBIT multiple of 10.10 is 36.2% lower than the industry average of 15.83.
During the fourth quarter, which ended December 31, 2023, SSNC's adjusted revenue grew 5.5% year-over-year to $1.41 billion. The company's adjusted operating income and consolidated <a href="https://www.investopedia.com/terms/e/ebitda.asp">EBITDA</a> attributable to SSNC increased 8.6% and 8.5% from a year-ago quarter to $545.20 million and $562.50 million, respectively. Moreover, its adjusted EPS rose 8.6% from the prior-year quarter to $1.26.
For the fiscal first quarter of 2024, the company expects its adjusted revenue to be between $1.40 billion and $1.44 billion. Its adjusted net income and EPS attributable to SSNC are projected to be in the range of $300.50 million to $316.50 million and $1.19 to $1.25, respectively.
For the fiscal year ending December 2024, Street expects SSNC's revenue and EPS to grow 4.5% and 10.1% year-over-year to $5.75 billion and $5.08, respectively. Moreover, the company has surpassed the consensus revenue estimates in three of the trailing four quarters, which is notable.
SSNC's shares have gained 13.5% over the past year and 13.2% over the past six months to close the last trading session at $62.70. Also, the stock has surged 1.2% intraday.
SSNC's <a href="https://stocknews.com/powr-ratings/">POWR</a><a href="https://stocknews.com/powr-ratings/"> Ratings</a> reflect its promising prospects. The stock has an overall rating of A, which translates to a Strong Buy in our proprietary rating system. The POWR Ratings are calculated by considering 118 different factors, with each factor weighted to an optimal degree.
SSNC has a B grade for Growth, Value, Momentum, and Stability. Within the B-rated <a href="https://stocknews.com/category/software-application/">Software – Application</a> industry, it is ranked #6 among 132 stocks.
To see SSNC's additional POWR Ratings for Sentiment and Quality, click <a href="https://stocknews.com/stock/SSNC/">here</a>.
Sapiens International Corporation N.V. (<a href="https://stocknews.com/stock/SPNS/">SPNS</a>)
Based in Holon, Israel, SPNS specializes in providing insurance software solutions globally, covering property and casualty, life and pensions, and reinsurance sectors. Its offerings feature AI-powered software and digital engagement platforms aimed at helping insurers optimize operations and improve customer engagement.
On March 4, 2024, SPNS announced its strategic expansion in the Canadian insurance market, aiming to bolster support for existing clients and tap into new prospects. The move involves increasing the Ontario workforce with seasoned industry professionals and delivering innovative solutions to enhance operational efficiency and customer experience for Canadian insurers.
SPNS' forward EV/EBITDA of 14.84x is lower than the industry average of 15.13x. Also, the stock's forward EV/EBIT multiple of 15.64 is 22.5% lower than the industry average of 20.18.
In the fourth quarter that ended December 31, 2023, SPNS' non-GAAP revenue surged 9.6% year-over-year to $130.91 million. Its non-GAAP operating income and net income attributable to SPNS' shareholders grew 14.7% and 11.4% year-over-year to $24.15 million and $20.08 million, respectively. Also, its adjusted EBITDA rose 14.4% from a year-ago quarter to $25.27 million.
For the fiscal year 2024, the company projects non-GAAP revenue in the range of $550 million to $555 million, with a non-GAAP operating margin forecasted to be between 18.1% and 18.5%.
Analysts expect SPNS' revenue to grow 7.2% and 11.2% year-over-year to $133.72 million and $0.34 for the fiscal first quarter ending March 2024, respectively. Moreover, the company has surpassed the consensus revenue estimates in each of the trailing four quarters.
The stock has gained 56.5% over the past year and 17% over the past three months to close the last trading session at $30.51. Also, it has climbed 1.1% intraday. The stock has a 24-month beta of 0.99.
SPNS' POWR Ratings reflect this optimistic outlook. The stock has an overall A rating, translating to a Strong Buy in our proprietary rating system.
The stock has a B grade for Growth, Value, Momentum, Stability, and Sentiment. In the B-rated <a href="https://stocknews.com/category/software-business/">Software – Business</a> industry, it is ranked first of 44 stocks.
In addition to the POWR Ratings stated above, one can access SPNS' additional Quality rating <a href="https://stocknews.com/stock/SPNS/">here</a>.
Karooooo Ltd. (<a href="https://stocknews.com/stock/KARO/">KARO</a>)
Headquartered in Singapore, KARO offers a mobility software-as-a-service platform for connected vehicles globally, catering to various industries and regions. Its solutions include fleet management, risk management, last-mile delivery, and specialized mobility services, enhancing operational efficiency and safety for businesses and consumers alike.
On February 10, 2024, KARO announced a share repurchase program, allowing the repurchase of up to 10% of the company's shares. The company plans to repurchase up to 1 million common stocks before the next Annual General Meeting. Shares repurchases enable the company to raise shareholder value.
KARO's forward EV/EBITDA of 8.78x is 42% lower than the industry average of 15.13x. In addition, its forward EV/EBIT of 14.51 is 28.1% lower than the industry average of 20.18.
KARO's revenue increased 16.1% from the previous year's quarter to ZAR1.08 billion ($57.71 million) in the third quarter that ended November 30, 2023. The company's operating profit and profit for the period grew 33.7% and 35.5% from a year-ago quarter to ZAR274.71 million ($14.68 million) and ZAR199.33 million ($10.65 million), respectively.
Furthermore, KARO's adjusted EBITDA rose 28.3% year-over-year to ZAR427.87 million ($22.86 million).
For the fiscal year 2024, the company projects the number of subscribers to be in the range between 1.90 million and 2.10 million, and Cartrack's subscription revenue is anticipated to fall between ZAR3.40 billion ($181.64 million) and ZAR3.60 billion ($192.33 million).
Street expects KARO's revenue and EPS to grow 7.1% and 15.8% year-over-year to $235.65 million and $1.41 for the fiscal year ending February 2025, respectively. The stock has surged 12.5% over the past six months to close the last trading session at $26.
KARO's robust fundamentals are reflected in its POWR Ratings. The stock has an overall rating of A, equating to a Strong Buy in our proprietary rating system.
KARO has an A grade for Stability, Sentiment, and Quality and a B for Value. Within the Software - Application industry, it is ranked #2.
<a href="https://stocknews.com/stock/KARO/">Click here</a> to see KARO's additional POWR Ratings for Growth and Momentum.
Rimini Street, Inc. (<a href="https://stocknews.com/stock/RMNI/">RMNI</a>)
RMNI specializes in providing enterprise software support services for Oracle and SAP products to Fortune 500 and Fortune Global 100 companies. The company's solutions encompass mission-critical support, managed services, security solutions, and professional services.
On February 27, 2024, RMNI launched Rimini Custom&#x2122;, extending its acclaimed support services to a broader array of enterprise software products and releases, catering to organizations seeking to maintain operational stability while driving innovation. This expansion allows clients to leverage RMNI's expertise and support excellence to maximize the value of their software investments.
RMNI's forward EV/Sales of 0.54x is 81.3% lower than the industry average of 2.91x. Likewise, the stock's forward EV/EBIT multiple of 3.95 is 73.9% lower than the industry average of 15.13.
During the fourth quarter, which ended December 31, 2023, RMNI's revenue grew 3.2% from a year-ago quarter to $112.11 million. The company's non-GAAP operating and net income increased 28.6% and 11.7% from the prior-year quarter to $19.31 million and $17.12 million, respectively. In addition, its adjusted EBITDA rose 16.3% year-over-year to $21.33 million.
Analysts expect RMNI's revenue and EPS to grow 1.1% and 53.5% year-over-year to $436.18 million and $0.45 for the fiscal year ending December 2024, respectively. In addition, the company has surpassed the consensus revenue estimates in each of the trailing four quarters.
The stock has gained 35.1% over the past six months to close the last trading session at $3.12. Also, it has gained 1.3% intraday.
RMNI's POWR Ratings reflect this promising outlook. The stock has an overall A rating, translating to a Strong Buy in our proprietary rating system.
The stock has an A grade for Value and a B for Stability and Quality. In the Software - Application industry, it is ranked #4.
For more ratings on RMNI's Growth, Momentum, and Sentiment, <a href="https://stocknews.com/stock/RMNI/">click here</a>.
What To Do Next?
Discover 10 widely held stocks that our proprietary model shows have tremendous downside potential. Please make sure none of these "death trap" stocks are lurking in your portfolio:
<a href="https://report.stocknews.com/free-report/10-stocks-to-sell/?formplacement=artbotad_10sell">10 Stocks to SELL NOW! &gt;</a>

<hr />
SSNC shares were trading at $62.80 per share on Tuesday morning, up $0.10 (+0.16%). Year-to-date, SSNC has gained 3.16%, versus a 8.17% rise in the benchmark S&amp;P 500 index during the same period.
<hr><div style="clear:both;"></div> <h2>About the Author: Kritika Sarmah</h2> <img src='https:/wp-content/uploads/2022/08/Kritika-Sarmah_Image-3.jpg' style="float:left; padding:5px;width:125px;">Her interest in risky instruments and passion for writing made Kritika an analyst and financial journalist. She earned her bachelor's degree in commerce and is currently pursuing the CFA program. With her fundamental approach, she aims to help investors identify untapped investment opportunities.<a href="https://stocknews.com/authors/?author=kritika-sarmah">More...</a>The post <a href=https://stocknews.com/news/ssnc-spns-karo-rmni-4-software-stock-buys-for-stability-and-value/>4 Software Stock Buys for Stability and Value</a> appeared first on <a href=https://stocknews.com/>StockNews.com</a>

4 Software Stock Buys for Stability and Value

Adobe Inc. (ADBE) is all set to announce its fiscal first-quarter earnings on March 14. With the company launching a slew of AI integrated products, all aimed at riding the wave of prevailing AI frenzy, would it be an opportune time to own the shares of this software giant? Keep reading to find out… Famed for its pioneering multimedia and creativity software offerings, Adobe Inc. (<a href="https://stocknews.com/stock/ADBE/">ADBE</a>) is poised to unveil its fiscal first-quarter earnings (ended February 2024) on Thursday, March 14, 2024.
Analysts are anticipating a noteworthy 10.5% year-over-year surge in its first-quarter revenue, forecasted to hit $5.14 billion. Likewise, its EPS for the same quarter is projected to come in at $4.38, reflecting a 15.3% year-over-year rise. Moreover, the company's impressive track record of surpassing its EPS and revenue estimates in each of the trailing four quarters underscores its resilience.
Over the past year, ADBE's shares have soared by roughly 60%, a significant leap that surpasses the S&amp;P 500 index's gain of approximately 32% over the same period. This impressive performance is largely credited to the company's robust efforts in Artificial Intelligence (AI) innovation, which have propelled its growth trajectory.
In the past year, ADBE made significant strides in advancing creativity for its customers with the launch of multiple generative AI tools. Notably, on September 13, 2023, the company introduced Adobe GenStudio, a revolutionary solution harnessing generative AI to revolutionize the enterprise content supply chain.
This groundbreaking platform represents a major leap forward in content ideation, creation, production, and activation, empowering enterprises with unprecedented capabilities for innovation and efficiency.
Meanwhile, this year, February witnessed ADBE unveiling a <a href="https://www.cnbc.com/2024/02/20/adobe-launches-ai-assistant-that-can-search-and-summarize-pdfs.html">beta AI assistant</a> integrated into its Reader and Acrobat applications, capable of generating PDF summaries, alongside responding to queries related to the PDF documents.
While alternative AI models like ChatGPT also offer PDF analysis capabilities, they typically necessitate users to upload the document externally. In contrast, ADBE's AI assistant is seamlessly integrated as a built-in feature, streamlining the document analysis process for users within the familiar interface of Reader and Acrobat applications.
Furthermore, ADBE's generative AI tools are capable of substantially bolstering productivity. For instance, International Business Machines (IBM) revealed a game-changing <a href="https://www.msn.com/en-us/money/technology/ibm-says-use-of-adobe-ai-tools-in-marketing-boosted-productivity/ar-BB1jqCLQ">productivity boost</a> after testing ADBE's cutting-edge generative AI tools. By harnessing ADBE's technology, capable of crafting images from text, IBM revolutionized its marketing campaigns.
Billy Seabrook, the global chief design officer for IBM's consulting arm, mentioned that the 1,600 designers in his unit utilized ADBE's tools to expedite idea generation and develop multiple variants for various segments of marketing campaigns. He noted that the typical two-week end-to-end cycle was significantly reduced to just two days.
ADBE's shares have climbed 25.7% over the past nine months to close the last trading session on $551.69.
Here are the fundamental aspects of ADBE that could influence its performance in the near term:
Strong Financials
For the fiscal fourth quarter that ended on December 1, 2023, ADBE's total revenue increased 11.6% year-over-year to $5.05 billion, while its gross profit rose 11.5% from the year-ago value to $4.41 billion.
Moreover, the company's non-GAAP net income and non-GAAP EPS amounted to $1.96 billion and $4.27, up 16.9% and 18.6% from the prior-year quarter, respectively. In addition, its non-GAAP operating income improved 15.8% year-over-year to $2.34 billion.
Solid Historical Growth
Over the past three years, ADBE's revenue and EBIT have grown at CAGRs of 14.7% and 16.2%, respectively. In addition, the company's EBITDA, total assets, and levered FCF have improved at CAGRs of 14.8%,7%, and 14.8% during the same time frame, respectively.
Robust Profitability
The stock's trailing-12-month net income margin of 27.97% is 992.9% higher than the 2.56% industry average. Likewise, its trailing-12-month EBIT margin of 34.26% is 614.9% higher than the industry average of 4.79%. Furthermore, ADBE's trailing-12-month <a href="https://www.investopedia.com/terms/c/cash-per-share.asp">cash per share</a> of $15.69 is 658.1% higher than the $2.07 industry average.
POWR Ratings Exhibit Solid Prospects
ADBE's promising fundamentals are reflected in its <a href="https://stocknews.com/powr-ratings/">POWR Ratings</a>. The stock has an overall rating of B, translating to a Buy in our proprietary rating system. The POWR Ratings are calculated by accounting for 118 distinct factors, with each factor weighted to an optimal degree.
Our proprietary rating system also evaluates each stock based on eight distinct categories. ADBE has an A grade for Quality, consistent with its higher-than-industry profitability metrics.
Within the B-rated <a href="https://stocknews.com/category/software-application/">Software - Application</a> industry, ADBE is ranked #29 out of the 132 stocks.
Beyond what we've stated above, we have also rated the stock for Growth, Value, Momentum, Stability, and Sentiment. Get all ADBE ratings <a href="https://stocknews.com/stock/ADBE/">here</a>.
Bottom Line
ADBE's strategic focus on AI innovation has been a major driver of its success, evident from the launch of its groundbreaking generative AI tools. In addition, the validation from industry giants like IBM underscores the immense potential of ADBE's AI solutions, making them highly appealing for enterprises seeking cutting-edge technology for productivity gains.
Overall, ADBE's sturdy fundamentals and bullish sentiment echoed by analysts for its upcoming quarter, paints a promising picture. Therefore, investors might find it advantageous to own the company's shares for potential gains.
How Does Adobe Inc. (ADBE) Stack Up Against Its Peers? 
While ADBE has an overall grade of B, equating to a Buy rating, you may also check out these other stocks within the <a href="https://stocknews.com/category/software-application/">Software - Application</a> industry: eGain Corporation (<a href="https://stocknews.com/stock/EGAN/">EGAN</a>), Karooooo Ltd. (<a href="https://stocknews.com/stock/KARO/">KARO</a>), and Rimini Street, Inc. (<a href="https://stocknews.com/stock/RMNI/">RMNI</a>), carrying A (Strong Buy) ratings. To explore more Software - Application stocks, <a href="https://stocknews.com/category/software-application/">click here</a>.    
What To Do Next?
43 year investment veteran, Steve Reitmeister, has just released his 2024 market outlook along with trading plan and top 11 picks for the year ahead.
<a href="https://report.stocknews.com/sign-up/stock-market-outlook-2024/?formplacement=artbotad_smo24_rep">2024 Stock Market Outlook &gt;</a>

<hr />
ADBE shares fell $3.61 (-0.65%) in premarket trading Monday. Year-to-date, ADBE has declined -8.13%, versus a 7.20% rise in the benchmark S&amp;P 500 index during the same period.
<hr><div style="clear:both;"></div> <h2>About the Author: Anushka Mukherjee</h2> <img src='https:/wp-content/uploads/2023/06/Anushka-Mukherjee_Headshot-2.jpg' style="float:left; padding:5px;width:125px;">Anushka's ultimate aim is to equip investors with essential knowledge that empowers them to make well-informed investment choices and attain sustained financial prosperity in the long run.<a href="https://stocknews.com/authors/?author=anushka-mukherjee">More...</a>The post <a href=https://stocknews.com/news/adbe-egan-karo-rmni-adobe-adbe-pre-earnings-review-is-it-time-to-invest/>Adobe (ADBE) Pre-Earnings Review: Is it Time to Invest?</a> appeared first on <a href=https://stocknews.com/>StockNews.com</a>

Adobe (ADBE) Pre-Earnings Review: Is it Time to Invest?

Rimini Street: Extremely Cheap Even After Adjusting For Litigation Risks

<a href="https://investorplace.com">InvestorPlace - Stock Market News, Stock Advice &amp; Trading Tips</a>
Many investors dream of getting in early on the next big tech startup that will turn into a behemoth like Google (NASDAQ:<a href="https://investorplace.com/stock-quotes/goog-stock-quote/">GOOG</a>, NASDAQ:<a href="https://investorplace.com/stock-quotes/googl-stock-quote/">GOOGL</a>) or Amazon (NASDAQ:<a href="https://investorplace.com/stock-quotes/amzn-stock-quote/">AMZN</a>). Finding and investing in the next unicorn company while it is still in its infancy would lead to almost unfathomable returns. However, picking winners is easier said than done. For every Google or Facebook, thousands of failed startups and <a href="https://investorplace.com/stock-types/penny-stocks/">penny stocks</a> never amount to much. It&rsquo;s like trying to find the proverbial needle in a haystack.



While it may be next to impossible to predict which fledgling tech companies will become the next Google, that doesn&rsquo;t mean you can&rsquo;t generate substantial returns from investing in tech penny stocks. The key is being selective and sticking with quality companies that have a big growth runway and a viable path to profitability. Many of today&rsquo;s tech giants were once small, speculative <a href="https://investorplace.com/industries/technology/">tech stocks</a>. Buying these penny tech stocks in their early days can pay off in a big way over the long run.



<h2>Penny Tech Stocks: CI&amp;T Inc. (CINT)</h2>



<div><img width="300" height="169" src="https://investorplace.com/wp-content/uploads/2024/04/ai-stocks1600-7-300x169.png" alt="AI Artificial Intelligence. Businessman using AI technology for data analysis, coding computer language with digital brain, machine learning on virtual screen, business intelligence. AI stocks"><div>Source: Tapati Rinchumrus / Shutterstock.com</div></div>CI&amp;T (NYSE:<a href="https://investorplace.com/stock-quotes/cint-stock-quote/">CINT</a>) is an AI-powered digital products company that I believe could deliver multibagger returns from its current cheap valuation. In addition to AI, the company is involved in other hot growth sectors like cloud services. The stock has been consolidating sideways for the past couple of months but appears to be bottoming out. I expect shares to start cruising higher again soon on the back of robust growth and expanding margins.



The consensus earnings estimates for CI&amp;T paint quite a bullish growth picture. EPS is projected to skyrocket from 28 cents in fiscal 2024 <a href="https://seekingalpha.com/symbol/CINT/earnings/estimates">to $1.10 in 2027</a>. Not too shabby! On the top line, revenues are forecast to more than double from $448 million to $932 million over that same period.



You&rsquo;re paying just 4.1 times 2027 earnings. Once sentiment shifts back in favor of growth, this stock could be off to the races.



<h2>WidePoint Corporation (WYY)</h2>



<div><img width="300" height="169" src="https://investorplace.com/wp-content/uploads/2022/03/code-keyhole-cybersecurity-300x169.png" alt="An image of a keyhole shape filled with computer code; cybersecurity; cyber stocks"><div>Source: SWEviL / Shutterstock</div></div>WidePoint (NYSEMKT:<a href="https://investorplace.com/stock-quotes/wyy-stock-quote/">WYY</a>) is a tiny technology management service provider catering to government and business clients across North America and Europe. The company&rsquo;s Trusted Mobility Management (TM2) solutions combine telecom lifecycle management, bill analytics, and mobile identity management. In a nutshell, they help secure and protect mobile workforces and enterprise IT environments.



WidePoint is highly speculative given its minuscule $19 million market cap. Shares doubled from November 2023 through January 2024 but have slid since then. However, the valuation still looks cheap to me, so I wouldn&rsquo;t be surprised to see the stock quickly reverse course and head higher again.



The main thing WidePoint has going for it is a customer base that includes the U.S. government. From my experience, once you&rsquo;re in with the feds, that recurring revenue tends to be very sticky. However, with such a small company, be prepared for some violent stock swings in both directions. This is not a stock for the faint of heart, but more speculative investors may find the risk/reward intriguing.



<h2>Penny Tech Stocks: CuriosityStream Inc. (CURI)</h2>



<div><img width="300" height="169" src="https://investorplace.com/wp-content/uploads/2020/02/streaming-music-stocks-300x169.jpg" alt="Image of a person pressing a button on a laptop and a holographic projection of a music player appearing to represent streaming stocks"><div>Source: Shutterstock</div></div>CuriosityStream (NASDAQ:<a href="https://investorplace.com/stock-quotes/curi-stock-quote/">CURI</a>) is a subscription video streaming service specializing in documentaries and other factual content like science, history, and nature programming. I view it as a differentiated player in the crowded streaming wars. As digital media consumption continues rising, I believe CuriosityStream is well-positioned to benefit from its unique content catalog sourced from some top documentary creators.



Many of these content creators have huge followings on platforms like YouTube but also produce exclusive material for CuriosityStream. As the company&rsquo;s content library expands, I expect its brand equity and subscriber base to grow in tandem. CuriosityStream is still unprofitable, but that may change in the not-so-distant future.



Consensus estimates show CuriosityStream&rsquo;s net losses narrowing over the next few years before reaching <a href="https://seekingalpha.com/symbol/CURI/earnings/estimates">breakeven in 2026</a> with EPS of 5 cents. At the same time, revenue growth is expected to accelerate to nearly 15% that year. Rising revenues combined with drastically improving margins suggest profitability is on the horizon. If CuriosityStream can scale its subscriber base and content portfolio while keeping costs contained, it could be one of the top gainers among penny tech stocks.



<h2>Rimini Street (RMNI)</h2>



<div><img width="300" height="169" src="https://investorplace.com/wp-content/uploads/2019/07/software1600e-300x169.jpg" alt="An image of a laptop, tablet, and phone with various software and tech imagery on their screens"><div>Source: Shutterstock</div></div>Rimini Street (NASDAQ:<a href="https://investorplace.com/stock-quotes/rmni-stock-quote/">RMNI</a>) provides third-party support for mission-critical enterprise software platforms like Oracle and SAP. They help organizations run, manage, and maintain these systems even after official vendor support ends. Rimini&rsquo;s services save clients money and ensure smooth operations of their IT infrastructure.



RMNI&rsquo;s chart looks quite ugly when you zoom out over just the past year. Recent performance hasn&rsquo;t been stellar either. However, I believe shares can stage a significant recovery from current levels as the company&rsquo;s financials improve. Moreover, the stock trades at a dirt cheap 6 times forward earnings. You&rsquo;d be hard-pressed to find many other profitable companies with a big growth runway trading this cheaply.



The earnings estimates for Rimini Street suggest a period of steady growth and profitability improvement ahead. EPS is forecasted to increase from 45 cents in 2024 <a href="https://seekingalpha.com/symbol/RMNI/earnings/estimates">to 58 cents in 2025</a>, up 30% year-over-year (YOY). Revenues are also projected to reach $471 million in 2025 from $436 million in 2024.



Another thing I like about Rimini is the stock has seen negligible dilution thanks to profits picking up after a temporary downturn in 2022. Management isn&rsquo;t relying on endless share issuances to fund the business. This should provide a nice tailwind in the years ahead.



<h2>Penny Tech Stocks: Xunlei Limited (XNET)</h2>



<div><img width="300" height="169" src="https://investorplace.com/wp-content/uploads/2019/08/cloud1600-300x169.jpg" alt="an image of a cloud imprinted on a circuit board lit up by blue circuit lights"><div>Source: Shutterstock</div></div>Xunlei Limited (NASDAQ:<a href="https://investorplace.com/stock-quotes/xnet-stock-quote/">XNET</a>) operates an internet platform in China, leveraging cloud technology. The company focuses on shared cloud computing and blockchain technology to provide solutions for digital content.



XNET stock has been trading sideways for the past two years. But I believe a breakout could happen soon as the company&rsquo;s financials continue growing significantly and it focuses more on higher-margin cloud-based services. One thing that really stands out to me is Xunlei&rsquo;s massive cash position of $272 million. That&rsquo;s nearly triple the company&rsquo;s entire market cap of just $98 million!



Xunlei also heavily invests in R&amp;D, which could pay off big time if it can become a tech powerhouse in the future. Regardless of the R&amp;D potential though, I find XNET shares to be extremely undervalued right now. This is a profitable tech company with a huge runway for growth, yet it trades at a measly 7 times trailing earnings. In my view, the stock is a coiled spring ready to deliver multibagger returns going forward.



<h2>TrueCar (TRUE)</h2>



<div><img width="300" height="169" src="https://investorplace.com/wp-content/uploads/2022/03/car-shopping-cart-300x169.png" alt="An image of a car in a shopping cart"><div>Source: TAAE / Shutterstock</div></div>TrueCar (NASDAQ:<a href="https://investorplace.com/stock-quotes/true-stock-quote/">TRUE</a>) is a digital automotive marketplace aiming to be the most transparent brand in the industry. It empowers car buyers by showing them what others paid for the vehicle they want, helping them recognize a fair price. TrueCar connects these consumers to certified dealers, facilitating a personalized and efficient car buying experience.



Like other <a href="https://investorplace.com/industries/consumer-discretionary/automotive/">automotive stocks</a>, TrueCar hasn&rsquo;t fared too well recently as rising interest rates caused people to cut back on big-ticket purchases like cars. However, this trend is starting to change as rates stabilize and consumers adjust to the new normal. TRUE stock has been rangebound between $3 to $5 for most of the past five years. But I believe it could soon break out to the upside as the company&rsquo;s top and bottom lines begin turning around.



The earnings estimates for TrueCar indicate a gradual return to profitability over the next several years. While a small <a href="https://seekingalpha.com/symbol/TRUE/earnings/estimates">loss of 4 cents per share</a> is projected for 2024, earnings are expected to flip to positive in 2025 and grow steadily from there, reaching 35 cents per share in 2029. Revenue growth is also forecasted to be robust, with double-digit increases each year, hitting $317 million by 2029 from $183 million in 2024.



The improving fundamentals make it unlikely TRUE shares remain stuck in their current range as the core business rapidly grows. The stars are aligning for this automotive marketplace to shift into a higher gear.



<h2>Blend Labs (BLND)</h2>



<div><img width="300" height="169" src="https://investorplace.com/wp-content/uploads/2022/02/fintech-banking-300x169.png" alt="An image of a cellphone with a bank on top, surrounded by people and piles of money, a credit card and calculator. fintech stocks"><div>Source: fatmawati achmad zaenuri/Shutterstock</div></div>Blend Labs (NYSE:<a href="https://investorplace.com/stock-quotes/blnd-stock-quote/">BLND</a>) provides a cloud-based software platform for financial services firms in the U.S. It operates two main segments: Blend Platform and Title365. The Blend Builder Platform offers products powering digital-first consumer journeys for mortgages, home equity loans, vehicle loans, and more. The company also provides title search procedures and other professional services.



BLND stock has struggled mightily the past few years, down a staggering 85% over the past five. But shares have shown signs of life recently, skyrocketing 254% in the past year alone as Blend&rsquo;s consumer banking segment picks up steam. I expect the strong performance to continue long-term as well.



As I touched on earlier, elevated interest rates caused many folks to delay borrowing money for major purchases. This weighed on Blend&rsquo;s business since it meant fewer customers taking out loans. However, the Fed is widely expected to cut rates three times this year. Once that process begins, borrowing activity should pick up considerably, boosting Blend&rsquo;s top and bottom lines.



The company is <a href="https://seekingalpha.com/symbol/BLND/earnings/estimates">forecast to turn profitable in 2026</a>, with revenue growth accelerating to around 30% annually. Perhaps more exciting, significant margin expansion could be in the cards as Blend&rsquo;s automation and AI initiatives start bearing fruit. If management can execute, I wouldn&rsquo;t be surprised to see the stock deliver triple-digit returns in the coming years.



On the date of publication, Omor Ibne Ehsan did not hold (either directly or indirectly) any positions in the securities mentioned in this article. The opinions expressed in this article are those of the writer, subject to the InvestorPlace.com <a href="https://investorplace.com/corporate/investorplace-publishing-guidelines/" target="_blank">Publishing Guidelines.</a>
<div>Omor Ibne Ehsan is a writer at InvestorPlace. He is a self-taught investor with a focus on growth and cyclical stocks that have strong fundamentals, value, and long-term potential. He also has an interest in high-risk, high-reward investments such as cryptocurrencies and penny stocks. You can follow him on <a href="https://www.linkedin.com/in/omor-ibne-ehsan-56068022b/">LinkedIn</a>.</div><h3>More From InvestorPlace</h3>
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The post <a href="https://investorplace.com/2024/04/looking-for-the-next-google-buy-these-7-tech-penny-stocks/">Looking for the Next Google? Buy These 7 Tech Penny Stocks</a> appeared first on <a href="https://investorplace.com">InvestorPlace</a>.

Looking for the Next Google? Buy These 7 Tech Penny Stocks

Craig-Hallum analyst Jeff Van Rhee maintained a Hold rating on Rimini Street (RMNI – Research Report) today. The company's shares closed yesterday ...

Craig-Hallum Sticks to Its Hold Rating for Rimini Street (RMNI)

<a href="https://investorplace.com">InvestorPlace - Stock Market News, Stock Advice &amp; Trading Tips</a>
Finding high-return potential in the market may be both thrilling and intimidating. These stocks present prospects because of their strategic placement within the information technology industry and their skill in identifying and following new market trends.



The first, for example, positions itself at the forefront of blockchain technology and crypto analytics by leveraging the growing crypto economy with cutting-edge products like StakeSeeker and ChainQ.



The second, however, sticks out due to its strong top-line growth and dominant position in the communications equipment sector. The company exhibits its skill in grasping market opportunities and providing real value. Its high cash flow generation also highlights its potential for development and stability.



The third company stands out the most in the subscription-based services category. Its annualized recurring revenue (ARR) has increased steadily, and its client retention rate is remarkable. By dedicating itself to client pleasure and devotion, the company remains a trustworthy investment choice in the IT industry.



All things considered, these three companies under $5 present investors with various chances to profit from new technology, industry trends, and revenue development paths.



<h2>Stocks Under $5 to Buy: BTCS (BTCS)</h2>



<div><img width="300" height="169" src="https://investorplace.com/wp-content/uploads/2022/02/blockchain-crypto-300x169.png" alt="An image of the blockchain, distributing digital crypto from a phone through the web to another tablet"><div>Source: elenabsl/Shutterstock</div></div>In January 2023, BTCS (NASDAQ:<a href="https://investorplace.com/stock-quotes/btcs-stock-quote/">BTCS</a>) <a href="https://www.globenewswire.com/news-release/2024/03/22/2850934/0/en/BTCS-Reports-2023-Results.html" target="_blank">introduced StakeSeeker,</a> a platform for staking as a service and crypto analytics. The platform seeks to boost fee-based income by distributing rewards for assets assigned to BTCS nodes. By utilizing cryptocurrency assets for staking and varying its sources of income, BTCS sets itself up for long-term success in the developing cryptocurrency market.



Indeed, the cryptocurrency industry has gained positive momentum. This is due to the SEC&rsquo;s approval of Bitcoin ETFs in 2023 and the expectation for Ethereum ETFs in 2024. These Spot Bitcoin ETFs draw in mainstream capital and boost advancement by acting as links between traditional and cryptocurrency ecosystems. The favorable outlook in the market for ETF approvals boosts BTCS&rsquo;s prospects for expansion.



Furthermore, Ethereum&rsquo;s network updates, such as the &ldquo;Dencun Hardfork,&rdquo; increase data storage capacity and network functionality. By participating in <a href="https://www.btcs.com/wp-content/uploads/2024/01/BTCS-Investor-Presentation-January-2024.pdf" target="_blank">projects like Builder+</a>, BTCS may take advantage of Ethereum&rsquo;s ongoing growth and popularity within the ecosystem.



Lastly, BTCS is developing an AI-enhanced blockchain data and analytics platform called&nbsp;<a href="https://www.btcs.com/wp-content/uploads/2024/01/BTCS-Investor-Presentation-January-2024.pdf" target="_blank">Chah, scheduled to deplay in 2024</a>. Overall, ChainQ will make comprehensive public blockchain data indexing possible and provide a user-friendly platform for on-chain information access.



<h2>Ceragon (CRNT)</h2>



<div><img width="300" height="169" src="https://investorplace.com/wp-content/uploads/2024/03/crnt1600-300x169.png" alt="Illustrative Editorial of Ceragon Networks Ltd website homepage. Ceragon Networks Ltd (CRNT) logo visible on display screen."><div>Source: Pavel Kapysh / Shutterstock.com</div></div>One core factor behind Ceragon&rsquo;s (NASDAQ:<a href="https://investorplace.com/stock-quotes/crnt-stock-quote/">CRNT</a>) growth is the company&rsquo;s increasing revenue. Ceragon attained&nbsp;<a href="https://www.ceragon.com/hubfs/CRNT_Q4%2023%20Earnings%20PR%20-%20Final-1.pdf" target="_blank">$90.4 million</a>&nbsp;in revenue for Q4 2023, a whopping 20% increase over Q4 2022 when revenues were $75.5 million. This considerable boost from the previous year shows that the company may take advantage of market opportunities, grow its clientele, and provide value through its offerings.



Additionally, Ceragon&rsquo;s continuous top-line growth during the year resulted in full-year revenues of&nbsp;<a href="https://www.ceragon.com/hubfs/CRNT_Q4%2023%20Earnings%20PR%20-%20Final-1.pdf" target="_blank">$347.2 million in 2023</a>. This is an 18% growth compared to the $295.2 million in revenue from the prior year, highlighting Ceragon&rsquo;s consistent growth trajectory and competitive position in the market.



Furthermore, despite the cash burden associated with the&nbsp;<a href="https://www.ceragon.com/hubfs/CRNT_Q4_FY_2023_Formal_Remarks.pdf" target="_blank">acquisition of Siklu</a>,&nbsp;Ceragon generated over $30 million in cash from operations for the entire year of 2023. The company also revealed a $10 million positive free cash flow for the entire year, demonstrating its capacity to produce cash above its capital expenditures. 



To sum up, strong cash flow production supports Ceragon&rsquo;s capacity for growth and financial stability. Hence, this indicates that the company can produce positive cash flows.



<h2>Rimini Street (RMNI)</h2>



<div><img width="300" height="169" src="https://investorplace.com/wp-content/uploads/2019/07/software1600e-300x169.jpg" alt="An image of a laptop, tablet, and phone with various software and tech imagery on their screens"><div>Source: Shutterstock</div></div>An essential factor in assessing the stability and growth trajectory of a subscription-based company such as Rimini Street (NASDAQ:<a href="https://investorplace.com/stock-quotes/rmni-stock-quote/">RMNI</a>) is ARR. At&nbsp;<a href="https://www.riministreet.com/press-releases/announces-fiscal-fourth-quarter-and-annual-2023-financial-and-operating-results/" target="_blank">$432.3 million</a>&nbsp;in Q4 2023, this represents a 2.9% boost over Q4 2022. This pattern shows that Rimini Street&rsquo;s recurrent income base is steadily increasing. This is consistent with its capacity to draw in new business and retain its current clientele. Rimini Street has top-line sources that are dependable and predictable. That&rsquo;s why ARR&rsquo;s steady growth indicates the company&rsquo;s potential for quick expansion.&nbsp;



Moreover, over&nbsp;<a href="https://finance.yahoo.com/news/rimini-street-inc-nasdaq-rmni-141319081.html" target="_blank">79% of subscription income</a> is due for renewal after a minimum of 12 months. This highlights the enduring dedication of Rimini Street&rsquo;s clientele, thus augmenting the steadiness of its income foundation. Thus, the clientele and retention rate of Rimini Street are important measures of client satisfaction and loyalty.



To conclude, with a substantial client retention percentage, Rimini Street has held onto a substantial clientele. The organization has maintained the majority of its clientele despite some attrition, which speaks to the quality of its offerings and client happiness.



On the date of publication, Yiannis Zourmpanos did not hold (either directly or indirectly) any positions in the securities mentioned in this article. The opinions expressed in this article are those of the writer, subject to the InvestorPlace.com&nbsp;<a href="https://investorplace.com/corporate/investorplace-publishing-guidelines/" target="_blank">Publishing Guidelines</a>.
<div>Yiannis Zourmpanos is the founder of Yiazou Capital Research, a stock-market research platform designed to elevate the due diligence process through in-depth business analysis.</div><h3>More From InvestorPlace</h3>
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The post <a href="https://investorplace.com/2024/04/3-must-own-stocks-to-buy-for-under-5-before-they-blast-off/">3 Must-Own Stocks to Buy for Under $5 Before They Blast Off</a> appeared first on <a href="https://investorplace.com">InvestorPlace</a>.

3 Must-Own Stocks to Buy for Under $5 Before They Blast Off

ADBE

AMZN

BLND

BTCS

CINT

CRNT

CURI

EGAN

GOOG

GOOGL

KARO

SPNS

SSNC

TRUE

XNET

Press Releases

Rimini Street to Report Fourth Quarter and Fiscal Year 2023 Financial Results on February 28, 2024

Rimini Street Selects London for 2024 £50,000 RMNI LOVE Charitable Grant Program

Rimini Street Korea Ranked 8th in Nation by Best Workplaces™ Korea and Awarded Best Workplaces™ for Parents and Most Respected CEO

Rimini Street Launches Rimini Custom™ to Expand its Award-Winning Services to a Broader Scope of Enterprise Software

Rimini Street Announces Fiscal Fourth Quarter and Annual 2023 Financial and Operating Results

New Oracle Database Survey Shows Customers Satisfied with Current Releases but Concerned with Cost, Effort, and Upgrades Required to Maintain and Support